698 County Road 3825
About This Property
Centrally located! 35 minutes to Decatur and Mineral Wells. 40 minutes to downtown Weatherford and only 1 hour to the Stockyards Coliseum or Will Rogers Event Center.
Horse enthusiasts will find everything they need here. The arena is ready for roping or racing, with barns and pens set for your livestock. The entire property is fully fenced, and a practical workshop keeps tack and tools in order. Two water wells-one for the house, another to potentially serve the barns and arena-guarantee a steady supply. A covered carport offers convenient parking. An additional 26 Acres is available for a yearly grazing lease as well. Whether you're training horses or seeking a peaceful escape, this property delivers. Schedule a tour today to see it for yourself!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed by Regal, REALTORS | $439,900 | |
| Listed by Regal, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017